Available on: Patriot Payroll (Basic and Full Service)
Step 4 of the Patriot payroll setup wizard is configuring your hours types and money types. Hours types are categories used to track time worked (such as vacation or holiday hours). Money types are categories for additional payments beyond regular wages (such as bonuses or commissions). Patriot pre-loads several commonly used hours types, but you can edit existing ones or add new ones. The same applies to money types.
This article walks through the steps shown in the wizard. For full field-by-field details on either feature, see How to Set Up Hours Types and How to Set Up Money Types in Patriot Payroll.
The video above demonstrates how to mark hours types and money types as Frequently Used, and how to add a new hours type and a new taxable money type in the payroll setup wizard.
Set Up Hours Types
Mark an Hours Type as Frequently Used
Hours types marked as Frequently Used will appear by default on the Payroll Entry screen every time you run payroll. Hours types that are not marked Frequently Used are still available during payroll entry — they just require an extra click to show.
Go to the Hours & Money Types step in the payroll setup wizard.
In the Hours Types list, find the hours type you want to show by default.
Check the Frequently Used box next to that hours type.
Add or Edit an Hours Type
Patriot includes pre-loaded hours types for common categories. You can edit these or add your own.
To edit an existing hours type:
Click the hours type name in the list.
Make your changes.
Click Save.
To add a new hours type:
Click + Add New.
Enter a name for the hours type (for example, Sick, Holiday, or Overtime).
Check Frequently Used if this hours type should appear on the Payroll Entry screen by default.
Click Save.
Set Up Money Types
Money types are additional payment categories beyond regular wages — such as bonuses, commissions, or severance pay. Like hours types, money types marked as Frequently Used will appear by default on the Payroll Entry screen.
Mark a Money Type as Frequently Used
In the Money Types list, find the money type you want to show by default during payroll entry.
Check the Frequently Used box next to that money type.
Add a New Money Type
Click + Add New under Money Types.
Enter a name for the money type (for example, Bonus or Commission). This name will appear on employee paychecks and in payroll reports.
Check Include as Taxable Income if this payment should be subject to income tax withholding and FICA taxes (Social Security and Medicare). Most additional payments are taxable — leave this box checked unless the payment is legally non-taxable.
Check Frequently Used if this money type should appear on the Payroll Entry screen by default.
Click Save.
Next Step
After setting up hours and money types, continue to Setting up Contributions and Deductions in the Wizard to add employee deductions and employer contributions for health insurance, 401(k), child support, and more.